The Office of the Bursar provides assistance with billing/payment issues, payment plans, check cashing, departmental deposit, agency accounts, third-party billing, student medical insurance enrollment and opt-out, student refunds, Federal Perkins student loans, and transcript requests.
2018 Changes for 1098-T
In previous years, your 1098-T included a figure in Box 2 that represented the qualified tuition and related expenses (QTRE) we billed to your student account for the calendar (tax) year. Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, we will report in Box 1 the amount of QTRE paid from all sources during the year.
Depending on your income (or your family’s income, if you are a dependent), whether you were considered full or half-time enrolled, and the amount of your qualified educational expenses for the year, you may be eligible for a federal education tax credit. (You can find detailed information about claiming education tax credits in the downloadable IRS Publication 970, page 9.)
The dollar amounts reported on your Form 1098-T may assist you in completing IRS Form 8863 – the form used for calculating the education tax credits that a taxpayer may claim as part of your tax return.
The University of Tulsa is unable to provide you with individual tax advice, but should you have questions, you should seek the counsel of an informed tax preparer or adviser.